In today’s live edition of The Trish Regan Show, I’m covering the incredible news of Truth Social’s market valuation.
As Democrats try to hurt Donald Trump, he seems to be living up to his ‘teflon Trump’ name.
The SEC just announce that the merger between SPAC company Digital World Acquisition (DWAC) and the Trump Media and Technology Group (owner of Truth Social) can go through, and with that - the stock price is off to the races.
Whether or not the upside will ultimately hold long term is unknown, however, between now and March (when the deal closes) it’s expected to trade above the level that Donald Trump has it at ($10 a share) meaning, on paper — he’s got some $4 billion.
Enough to pay the city of New York for the $354 million judgment against him.